July 17, 2018

Lakes, rivers near abandoned mine sites likely source of antibiotics

Canadian researches came to such conclusion after spending years examining waterbodies located within five kilometres of abandoned mine sites.

July 17, 2018

LME to launch monthly ‘implied pricing’ for base metals

Starting on July 30, the LME will start providing a set of synthetic monthly prices for the six main base metals —  copper, aluminum, zinc, lead, nickel and tin.

July 16, 2018

Vale’s iron ore output hit fresh record high despite trucker strike

Iron ore output hit 96.755-million tonnes in the three months to June 30, while pellet output reached 12.838-million tonnes, despite a nationwide truck drivers strike that paralyzed the country in…

July 12, 2018

Rio Tinto sells $3.5bn stake in Grasberg mine to Indonesian state miner

The world’s No.2 miner is selling its 40% in the giant Grasberg mine, the world’s second largest copper operation, to Indonesia’s state mining company PT Inalum.

July 11, 2018

Copper price plunges to 1-year low

Metal market mayhem with $13 billion worth of copper futures offloaded by lunchtime.

July 11, 2018

US Voters support mine permitting reform to decrease import reliance of defense supply chain

62% of voters support U.S. government action to encourage the use of domestically-mined minerals and decrease reliance on foreign-imported minerals, according to a poll conducted for the National Mining Association…

July 10, 2018

Philippines nickel ore exports seen dropping up to 17 pct on low prices

The Philippines is the world's No.2 nickel ore supplier after Indonesia, shipping the bulk of its output to top buyer China.

July 10, 2018

Tesla to open Shanghai plant with capacity of 500,000 cars a year

Chinese electric vehicle ecosystem continues to expand.

July 9, 2018

Electric vehicle demand will double nickel price – as soon as 2022

New report says EV boom is bifurcating nickel mining and short supply of battery-grade material will see prices climb near $30,000 mark within five years.

July 9, 2018

CHART: Copper, nickel, zinc prices – plenty upside just to revert to mean

Even after two years of gains, industrial metals trade well below 10-year mean prices. Silver looks cheap, but gold, crude may be fully priced already.